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Monday, November 23, 2015

News, Rumors, and Opinions Early Monday Afternoon 11-23-15

Emailed to Recaps:

Fr. trader said:I am a member of a Forex trading group. I get trade alerts. This was sent out late last night to all their Forex membership:

Surprise Fed Announcement   22, November 2015 11:07 pm EDT

FX Update

The Federal Reserve has scheduled a surprise announcement for tomorrow. This is abnormal and the last time we saw a scenario like this one was all the way back in late-2012. At that time, the Fed in conjunction with other central banks extended US dollar liquidity swaps. There is speculation that the Fed may be announcing a rate hike at this meeting tomorrow!

It is important to understand that this was an unscheduled news conference. It is likely to fuel volatility into U.S. Dollar pairs whatever the announcement. We would not be surprised if they use this holiday shortened (Thanksgiving) week to hike rates by 0.25 bps! Stay tuned...
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KTFA:

Frank26:  Friends ............... Our STUDY FILES are enormous. Then there are the notes that accompany them for further updates by TEAM LEADERS like DELTA.

Along with STUDY REPORTS form FIRE FLIES that are incorporated.

IF ............ I were to sit with You to talk on any of these subject matter that FEW on the net even realize .......... You would find Yourself hypnotized.

Tonight I plan to go DEEPER in our SHARING because IMO .............. On DECEMBER the 15th of 2015 will be more Powerful than what CERN did ........... Yesterday.

Tonight will be EXCITING .............. But ............ REALISTIC.

Tonight is the only night I will talk to our KTFA FAMILY for this week except on TEAM CHAT Friday night.

BIBLE STUDY on Tuesday 7:30 pm est.

NO OTHER CC'S THIS WEEK.

Therefore ................ Be prepared to be with me an extended amount of time tonight....... No later than 10 pm est I PROMISE for I can SHARE ............ Much.

My Sincere Aloha .......\m/

Christmas Songs start at 5:45 pm est on LIVESTREAM.   Bring COOOOOOOOOOKIES !!!

KTFA   Frank


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Edwww:  Is the dinar already in a float? I see it moving all around on the forex.

Shirlene:  Cut Oil Supply or Drop Riyal Peg? Saudis Face ‘Critical’ Choice
http://ift.tt/1SWrIqQ ... 00143.html

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Walkingstick:  Abadi's office called on Iraqis to take advantage of international support for the reforms and specialists are demanding to amend the tax system

Author: BS, MK
Editor: BK, BS 2015/11/23 16:54

Long-Presse / Baghdad
Detection Prime Minister's Office, Haider al-Abadi, on Monday, the existence of other "real" package of reforms, calling on Iraqis to put their differences "small" aside and Estphadoa of international support them, while Tcherieion officials and executives stressed the need to reform the tax system and improve tax collection, and argued that tax revenue accounting for 1.5 percent of gross domestic product only as a result of the large number of exemptions.

This came during a workshop on the reform of the tax system in Iraq, held in the guesthouse Council of Ministers, and attended (range Press).
Said Associate Director of the Office of the Prime Minister, Nofal Abu forks, in a speech during the workshop, said that "the reforms begun and will not end and we are on the cusp of another real pack of them," adding that "part of the reforms linked to the social infrastructure of political, financial or economic system ".

And saw Abu thorns, "Such reforms can not be carried out by one government or party or person, but continue for successive Governments," and he called for "a real participation of the components of society, whether political, religious or social, as well as activists, businessmen and legislative bodies and the Executive to put the details of the reforms. "

The Associate Director of the Office of the Prime Minister, that there is "unlimited support for the success of the reforms of the East and West," calling on all Iraqis because "put aside their differences and small Estphadoa of international support."

For his part, Chairman of the Parliamentary Finance Committee, Faleh applicable, in his speech during the workshop, said that "tax evasion and fraud on earnings and the lack of responsibility towards the nation, of the most important challenges facing the tax sector in Iraq," noting that "the Finance Committee is working on a reform of the tax system through amending some laws. "

He said in effect, that "in the current 2015 fiscal witnessed find new vessels," and expressed hope that "specialists contribute new proposals to find other tax vessels."

He called on the President of the Parliamentary Finance Committee, to the need to "improve tax collection and dissemination of awareness of the importance that every citizen so that it is expensive."

In turn, the head of the Tax Authority, Kazim Ali, during the workshop, "The Tax Authority laws still are old and need to change because some of them did not meet the requirements of the current economic situation", calling for "reform of the tax administration."

Ali explained, that "tax revenue accounting for 1.5 percent of gross domestic product," pointing out that there is "a lot of tax breaks such as those involving the agricultural sector."

Since the first law to tax in Iraq in 1927 legislation, and until the completion of Law No. (113) in 1982, there has been no development or change in the tax legislation, as a result of preoccupation with the former regime of war more than economic orientation, and after the change in 2003, issued a CPA Order No. (49), which reduced the tax, which was between 40 to 60 percent in the case of companies, to between 3-15 percent, but it seems that it "did not achieve justice," social tax system, as it did not add only one percent of the value of GDP.

http://ift.tt/1SWrGzf ... 9%81%D8%A7
 

NY attorney general probing foreign exchange options market: source

New York Attorney General Eric Schneiderman's office is investigating the posting of false bids and offers in the foreign exchange options market for emerging market currencies, a person familiar with the matter said on Monday. 

http://ift.tt/1kQ9RYq

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TNT:

Harambe:  Good news for the current Forex rate of 1083.4. Since last Thursday, it appears that the dinar is no longer pegged to the 1166 rate. The rate has been hovering around 1090 rate.

SassyD:  UP - UP - UP and away....... Investors in Iraq are HAPPY.... ISX up fo​r third day in a row after months of decline !!!!........ http://ift.tt/1rXosPn

DocSavage:  One thing is certain: We all sit perfectly positioned atop the greatest wealth opportunity in the history of the world. If that doesn't give you a warm, positive feeling nothing will.

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OK Rocks:  They are having their yearly Trek to Karballa, the Arbaeen commemoration, upwards of 15 million visitors expected.... food buffets line the streets... millions come from around the world and peeps from Iran make the trek

THE Longest Banquet in The World! Route: Thi Qar to Karbala (350 Km) Time: Nov 2015 Open to Everyone #Arbaeen Iraq the Arbaeen commemoration, upwards of 15 million visitors expected.

Iraq Live Update ‏@IraqLiveUpdate 2 hours ago Journalist @EisaAli_RT will 'dodge ISIS bombs' to walk 80 Km from Najaf to Karbala #fundraising for Iraqi Orphans

http://ift.tt/1kQ9TQ3


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